July 28, 2011

$ pack Cig tax to pay for mass healthcare reform

Saw this recently in Boston Globe story:

The state has needed new revenue sources to fill the gap. In fiscal year 2009, the state pushed through a $1-a-pack increase on the cigarette tax to raise an estimated $150 million to $175 million annually .....

The cigarette tax, however, has fallen well short of estimates. It raised $130.5 million the first year, and has been tracking still lower through the first 10 months of this fiscal year, according to the Office of Administration and Finance.


Steve Foley said...

"The cigarette tax, however, has fallen well short of estimates."

Quoting Gilbert Gottfried in Aladdin:

Gee, there's a surprise. I'm gonna have a heart attack and die from that surprise.

Jahn said...

Not to worry, Deval is going to give us his annual tax free weekend soon. Then ewe Ken stalk up on youse beer & cigs.

Then look for a quickie stop and photo op of Deval, Tim , and Toby the Lab in Worcester as Deval heads to the Berkshires never to be heard from again until Tuesday , Sept 5th.